Bull-Doguce Co (TSE:2804) Cyclically Adjusted Revenue per Share: 円1,295.85 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:2804 Bull-Dog Sauce Co Ltd TSE:2804
64 GF Score
Price 円1,871.00
GF Value 円2,145.03
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bull-Doguce Co Cyclically Adjusted Revenue per Share?

Bull-Doguce Co TSE:2804 +0.21% 64 Cyclically Adjusted Revenue per Share is 円1,295.85 as of Mar. 2026. GuruFocus rates TSE:2804 with a GF Score™ of 64/100 and a GF Value™ of 円2,145.03 (Modestly Undervalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Bull-Doguce Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円269.323. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is 円1,295.85 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Bull-Doguce Co was 0.80% per year. The lowest was -0.10% per year. And the median was 0.10% per year.

As of today (2026-08-29), Bull-Doguce Co's current stock price is 円1871.00. Bull-Doguce Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,295.85. Bull-Doguce Co's Cyclically Adjusted PS Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bull-Doguce Co was 2.43. The lowest was 0.80. And the median was 1.43.


Bull-Doguce Co  (TSE:2804) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Bull-Doguce Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1871.00/1295.85
=1.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bull-Doguce Co was 2.43. The lowest was 0.80. And the median was 1.43.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Bull-Doguce Co Cyclically Adjusted Revenue per Share Related Terms


Bull-Doguce Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Bull-Doguce Co's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bull-Doguce Co Cyclically Adjusted Revenue per Share Chart

Bull-Doguce Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,251.45 1,263.43 1,270.16 0.00 1,295.85

Bull-Doguce Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,304.99 1,301.74 1,307.74 1,295.85 0.00

TSE:2804 vs KHC, GIS: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, Bull-Doguce Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bull-Doguce Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bull-Doguce Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bull-Doguce Co's Cyclically Adjusted PS Ratio falls into.


TSE:2804
64GF Score
Bull-Dog Sauce Co Ltd TSE:2804
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bull-Doguce Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Bull-Doguce Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=269.323/112.7000*112.7000
=269.323

Current CPI (Mar. 2026) = 112.7000.

Bull-Doguce Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 298.082 97.900 343.144
201606 314.430 98.100 361.226
201609 307.614 98.000 353.756
201612 307.251 98.400 351.902
201703 300.793 98.100 345.559
201706 316.677 98.500 362.330
201709 311.535 98.800 355.364
201712 319.127 99.400 361.827
201803 295.666 99.200 335.903
201806 326.377 99.200 370.793
201809 314.021 99.900 354.256
201812 327.475 99.700 370.175
201903 300.404 99.700 339.574
201906 325.798 99.800 367.910
201909 317.598 100.100 357.575
201912 331.807 100.500 372.086
202003 309.913 100.300 348.227
202006 354.926 99.900 400.402
202009 321.644 99.900 362.856
202012 333.983 99.300 379.052
202103 308.939 99.900 348.523
202106 254.689 99.500 288.477
202109 243.407 100.100 274.046
202112 252.577 100.100 284.370
202203 241.593 101.100 269.313
202206 256.923 101.800 284.432
202209 241.829 103.100 264.347
202212 267.068 104.100 289.131
202303 247.920 104.400 267.630
202306 271.572 105.200 290.933
202309 272.067 106.200 288.719
202312 284.213 106.800 299.914
202403 256.743 107.200 269.915
202406 284.974 108.200 296.826
202409 275.597 108.900 285.214
202503 0.000 111.100 0.000
202506 283.272 111.700 285.808
202509 283.785 112.000 285.559
202512 298.971 113.000 298.177
202603 269.323 112.700 269.323

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of 円1,295.85 mean?
Bull-Doguce Co (TSE:2804) has a Cyclically Adjusted Revenue per Share of 円1,295.85 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bull-Doguce Co and its competitors.
Is Bull-Doguce Co's Cyclically Adjusted Revenue per Share too high?
Bull-Doguce Co's current Cyclically Adjusted Revenue per Share is 円1,295.85. Overall, Bull-Doguce Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bull-Doguce Co's Cyclically Adjusted Revenue per Share compare to KHC and GIS?
Bull-Doguce Co's Cyclically Adjusted Revenue per Share of 円1,295.85 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bull-Doguce Co and its competitors. Bull-Doguce Co's current Cyclically Adjusted Revenue per Share is 円1,295.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bull-Doguce Co stock overvalued right now?
Based on GuruFocus' analysis, Bull-Doguce Co (TSE:2804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,145.03, compared to a current price of 円1,871.00 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,295.85. Bull-Doguce Co's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Bull-Doguce Co (TSE:2804), the current Cyclically Adjusted Revenue per Share is 円1,295.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bull-Doguce Co (TSE:2804) Overvalued in 2026?

Based on GuruFocus' analysis, Bull-Doguce Co stock appears to be undervalued. The current stock price of 円1,871.00 is trading 12.8% below its estimated GF Value™ of 円2,145.03. GuruFocus considers Bull-Doguce Co to be Modestly Undervalued.

Key valuation signals for TSE:2804:

  • Cyclically Adjusted Revenue per Share: 円1,295.85
  • GF Value™: 円2,145.03 vs. price of 円1,871.00 (12.8% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the TSE:2804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bull-Doguce Co Business Description

Address 11-5 Kabuto-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0026
Bull-Dog Sauce Co Ltd is engaged in the business to manufacture and sale sauces and other seasonings. The product line includes - Okonomiyaki sauce, Yakisoba sauce, Takoyaki sauce, and Cooking sauce.
64GF Score

Get the complete analysis for TSE:2804

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,871.00
Price
円2,145.03
GF Value